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U.s. 9, Libya 6, Cuba 6, Lehman 5, United States 4, Jane Campion 4, New York 4, Elton John 3, Obama 3, Amanda Knox 3, America 3, Barack Obama 3, John D. 2, Union Bank 2, Kcet 2, Newman 2, Catherine T. Macarthur 2, Vermont 2, Stowe 2, Los Angeles 2,
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  WHUT    BBC World News    News/Business.  
   International issues. (CC)  

    September 14, 2009
    6:30 - 7:00pm EDT  

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>> "bbc world news" is presented by kcet, los angeles. funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. the newman's own foundation. the john d. and catherine t. macarthur foundation. and union bank. and "bright star," a new film by jane campion.
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>> union bank has put its financial strength to work for a wide range of companies, from small businesses to major corporations. what can we do for you? >> he was a dreamer. >> he was a dreamer. she was a realist. every word that he wrote inspired the romance that would live forever. >> you know i would do anything. >> "bright star" by jane campion is coming soon. > and now "bbc world news." >> president obama has promised the greatest overhaul since the great depression. >> we will not go back to the days of reckless behavior and unchecked excess that was at the heart of the crisis. >> what do other countries to think of their governments' plans?
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we have the results of a special bbc poll. welcome to "bbc world news" broadcast around the globe. here are our other main headline. there is frustration in cuba as the u.s. renews sanctions to bypass talk of change. -- despite talk of change. we are in one of the deadliest places on earth. elton john is told that he cannot adopt the ukrainian child he found in an orphanage. ♪ >> president obama has proposed what he calls the most ambitious overhaul of the financial system since the great depression. in the heart of the world's financial capital, he gave a speech marking the year since the collapse of lehman brothers and the start of the global crisis. he said the old ways that led to it could not stand. he said the u.s. would work with economies around the world
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to coordinate action, but that it will be an uphill battle. he faces opposition on wall street and in congress. >> president obama arrived 12 months on from the financial meltdown to deliver a warning in the backyard of the bankers. some were choosing to ignore the lessons of lehman brothers. >> they do so not only at their own peril, but also at our nation's. i want everyone here to hear my
words. we will not go back to the days of reckless behavior and unchecked excess that was at the heart of the crisis. too many were motivated only by the appetite for quick money and additional bonuses. >> this is the place where george washington took the oath of office as the first president of united states more than 200 years ago. the speech today by president obama is not such a momentous
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occasion, but it does mark the first anniversary of an event that changed this country and the world. as the minutes ticked down to midnight, lehman brothers was in its death throes. i stood among the crowd of onlookers as the employees packed their bags and went home. these days, there is a different name on the door. as lehman lay in pieces, other banks swooped in picking up the pieces they wanted. bob diamond now runs what is left of lehman brothers. >> what would you say to people that are saying investment banks have not changed that much and have gone back to the old ways? >> i think there are a lot of platitudes in what you just said. here is what is critical. if we are going to get the economy going again in the u.s., the u.k., and around the
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world, we need banks that are competent and willing to take risks. >> this floor was the heart of the lehman operations. to the people here at the time, it seemed inconceivable that the u.s. government would let the firm fail. it did. the shockwaves of that decision reverberated from here around the world to the far east, europe, and back to the united states. the markets fell. today, the bankers of wall street have largely recovered their nerve. they are taking risks again. this year, many will be rewarded with handsome bonuses. have we really learned the lessons of lehman brothers? the answer to that is important to future prosperity. >> our business correspondent is also in new york. how is this being received? >> i think we have heard from
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some on wall street who say they do not want to see more government involvement in the market. one player on wall street was telling us they were worried the government would make a mess of things. that is not surprising given some of the banks that survived and those that were forced to take money from the taxpayers who have already repaid it. they may feel that their business model works fine and they should not be subject to more regulation. the president has tried to point out in his speech that they have all benefited as a result of the american taxpayer and therefore owe it to the american people. -- the 0 ed debt to the american people. it will be interesting to see how this plays out in the months ahead. >> it could be a hard sell to wall street and congress. >> in congress, you will see this battle. i think president obama was aware of it when he gave the speech. he made the point of saying that we do not have to make this a choice between an unfettered market and heavy-handed regulation. there is a middle road. he said the reason we were in the mess is because we did not
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have enough regulation. during the clinton and bush years, we saw an increasing amount of deregulation. that with this part of his argument for pushing forward for a middle road. it will be a tough sell to congress. >> thank you for that. that is what president obama is proposing for the u.s.. what about for the rest of the world? how much of an appetite is there for tighter regulations? we surveyed 22,000 people in 20 countries. it suggested strong support but less enthusiasm for bank bailouts. >> the global financial crisis sent shockwaves around the world. it sent governments scrambling to put together financial stimulus packages. the polls conducted for the bbc asked people a series of questions on how they believe their leaders dealt with the financial crisis. there were wide variations from country to country. in china, 87% said they were
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happy with the way their government responded to the crisis. but in mexico, 88% of people said they were unhappy with the way their government dealt with the problems. in america, things were a little bit more evenly split. 39% said they were unhappy with the government response. >> the key thing is they do support the actions being taken with their money. the intervention in the economy is supported. they are not seeing the kinds of leaders in some of these countries taking the kind of leadership that they expect in today's world. >> bank rescues also came under fire, but only in some countries. more than half of the people questioned in britain approved of helping banks in trouble. but over 60% of americans are against helping troubled banks. the findings will make interesting reading for global leaders.
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it more than ever demonstrates the split between those countries who trust the judgment of the government and those who do not. >> president obama has extended the american trade embargo on cuba for another year. this is despite signs of a thaw in relations. there is also pressure from south america. this has many cubans unhappy and frustrated. >> the old american car is a reminder of of just how long cuba has been under the u.s. trade embargo. it is a policy handed down by successive administrations, going back to john f. kennedy. barack obama has now made it his own. >> this 9-year-old suffers with liver cancer and chronic anemia. the drugs he needs are
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manufactured in the united states. because of the trade embargo, cuba cannot import them. it has been very difficult, his mother told me. they often have to rely on similar medicines that are more risky and cause adverse reactions. it is an issue that leaves the u.s. isolated internationally. every year, the u.n. general assembly votes overwhelmingly to condemn the sanctions that also impact on the humanitarian work of the you in >> it impacts our ability to import materials and humanitarian assistance. the three major hurricanes that hit cuba in 2008, we launched a humanitarian response. we cannot import roofing materials, tools, or emergency crews from the united states. >> relations have eased under barack obama. the move is less confrontational. the two sites have started to
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cooperate on a range of issues such as immigration and mail services. in a statement issued last week, the cuban authorities described the changes so far as little more than a coat of paint slapped on to the sanctions. >> nothing. we had hoped for lots of good things from obama. we have no think there are a lof vested interests there. there are good intentions, but nothing happened. >> i was hoping that things would get much better from the american side and in here in cuba. but it is all talk. >> since taking over the presidency from his brother, he has introduced minor reforms. in a recent speech, he said he had not been elected to return capitalism to cuba. the cold war may be over, but this is one conflict that has yet to be resolved. >> it is being reported from
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washington that the u.s. military has killed a leading islamic militant in a raid in southern somalia. he was wanted for the bombing of a hotel in kenya in 2002. a botched missile attack o an israeli plane at an airport. he was killed in an american helicopter raid. >> three men convicted have been sentenced to life in prison. the judge in london ordered they serve minimum terms of between 32 and 44 years for what he called a grave and wicked conspiracy comparable to the september 11 attacks. >> police in new york have raided homes as part of a terrorism investigation. a spokesman said the raids were carried out in queens by a joint terrorism task force. >>barack obama has eased some of -- opel jobs could be lost in
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europe. it says it will cut more than 10,000 jobs in all. it has not specified exactly where. >> elton john has been told that he cannot adopt the ukrainian child he met during a trip to an orphanage on the weekend. he wanted to adopt the 14-month- old who is infected with hiv. ukrainian authorities say he will not be allowed to because he is not traditionally married and is too old. ♪ >> it began with a trip to an orphanage in the ukraine. elton john has long campaigned and raised money for people with hiv and aids. this is different. there is a little boy who has hiv. the singer decided he wanted to adopt him. >> after seeing liev today, i would love to adopt him. i do not know how we do that. he has stolen my heart.
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he has stolen david's heart. it would be wonderful if we could have a home. >> while he may have had his heart stolen, the ukraine minister said that at 62, he and his 46-year-old partner were too old and unmarried. ukraine does not recognize civil partnerships. even in britain, it would be unlikely. >> there is a rule in thumb of about 45 years between the age of the child and the adopter. but there are always exceptions. >> madonna managed to overcome objections in her recent adoptions. charities are divided on such cases. some welcome the publicity. others are less comfortable with the impact of the rich foreigners may have. >> it is good to have you with us on "bbc world news."
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the irish village has become a global matchmaking player. ♪ >> we go to the trial that is gripped both europe and the united states. amanda knox is returning to the courtroom after two months. she and her italian boyfriend are accused of murdering a student. they deny the charges. the bbc has this report. >> amanda knox is back in court in a case that has gone on so long that it has had its own summer break. the 22-year-old american dressed casually. it has been two months since she and her fellow accused have been here. there were no signs of nerves. her lawyer gave her a reassuring pat on the head. both are accused of murdering mendes kircher a few years ago.
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she had started the year-long exchange program here. she died in the house that she shared with amanda not after what police say was a wild sex party that went tragically wrong. in the hours after the murder, knox was seen hugging and kissing her fellow accused in the garden of the house. her father has flown in from seattle to be with her. he says his daughter simply once the trial to be over. >> she is hoping this is really the home stretch of the trial and hopefully they will see what is clear to me -- that she had nothing to do with this. they will acquit her of this and we will get to bring her home. she is looking forward to that. >> amanda knox studied her lawyers and witnesses in court today. the case is now resting on dna evidence. she says is faulty and
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inconclusive. she believes now is the chance to assert her innocence. ♪ >> we have one main headline this hour. the u.s. president barack obama has warned bankers against complacency. he said they ignore the lessons of the financial crisis at their peril. in his speech, he said that jobs were best created not by government, but by business people. despite the tough economic times, plenty think that they can buck the trend and make money through innovation. our correspondent has been to meet some of them. >> in new york city, almost one in 10 is out of work. the jobless rate is 9.6% and has now overtaken the national average. some refuse to be daunted. this is a great place for america's fresh focus on new business as seen in this
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television ad from american express. >> entrepreneurs are the most powerful force in the economy. they drive change. they will relentlessly push their businesses to innovate. >> the scene in manhattan is a chance for dozens of start up entrepreneurs to network. they want to make it to profit without external funding from big investors. this is a meeting of ultralight start-ups. everyone here is trying to make it with no overhead or staffing. what matters is the power of their idea. that is why they are all pitching their products. >> it sounds scary, but our business has exploded. >> we launched three weeks ago. we have not done advertising. >> we have developed a product. >> i am looking for help in marketing.
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>> these are people who thrive on stress and risk. it is a particularly american temperament according to this psychiatrist. >> americans are sort of hard wired to try something big and new and have that kind of confidence and exuberance and initiative to start something new. that is why it is a country where there is no shame in going bankrupt because at least you went for it. >> the morning after, i talked to some of those who pitched. how much for you afraid of failure? >> honestly? i am absolutely afraid of failure. but i have put a lot of time, energy, relationships, sweat equity into it. i am absolutely not going to let it fail. >> john brown learned the hard way after going down with the ship at lehman brothers. >> it may not be the best way to
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build businesses in this economy. corporate america has gotten so large. lehman brothers had more than 20,000 employees worldwide. you can only move the ship so far with that many people on board. >> only 10% of new businesses succeed. but entrepreneurs have 100% confidence in their chances. that kind of confidence in this economy is needed more than ever. >> tuesday marks exactly one year since lehman brothers filed for bankruptcy. the bbc will have a full day of coverage. there will be a special section on our web site. >> libya's emergence from global isolation has brought controversy. it has gained partner in tackling the thorny issue of immigration. the government has promised to close off one of the most dangerous migration routes in the world from africa to europe.
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the bbc was given exclusive access to libya's a's desert patrols. >> if you think patrolling is tough, look at this. it is almost 4,000 miles of desert border. this is a region of libya that has been closed to the world for years on the southern border close to algeria. the libyans say that around 50,000 migrants cross this way every year. many of them are on foot. it is a four-day walk in one of the most hostile environments on earth. the patrol stops to point out human bones in the sand of migrants who did not make it. some of the guards are from nomadic tribes. they think that they are onto something. the dead litter the route. >> this is a body of a migrant just behind me. it is still fresh. in the end, it looks like he tried to cover his face to
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protect himself from the sun. the tragedy is that just beyond him about 4 kilometers over these rocks is an oasis. he was that close to water. along this route are lots of others like him as well. >> 21 migrants are caught walking across the desert plain. they are from one of the poorest countries on earth. >> why come to libya? >> for money. >> recently, there had been conflict there. some might have claimed political asylum if they had made it to europe. even though the flow of humanity continues across the desert, the next stage of the journey has been effectively shut down. this is a notorious people- smuggling area near tripoli. the migrants who make it this far used to board makeshift
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boats to europe. libya is used to let europe deal with the problem on the other side. that has changed. the attempt to stop it here it is important step towards improved trade. with the help of italy, they have stepped up patrols. there has been a cost. we went to a desert prison just outside tripoli. 700 migrants are here. some were caught on their way to europe. >> we need freedom. we do not want to be deported back to our country. >> others are political refugees who europe would have a duty to protect if they had made it that far. libya has had them locked up for several months. it is not bound by any international treaties. the question for europe is whether this is an acceptable price to pay for stemming the flow of immigration across the mediterranean.
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>> pope benedict will meet up to 500 contemporary artists as part of an effort to improve the vatican's relationship with the creative community. the gathering will be held in the sistine chapel. it will include painters, architects, poets, and directors. the vatican has had its relationship with the art world tested in recent years by controversial works. >> it started to help lovelorn farmers find a spouse. the festival in this small irish town has gone global. at least 40,000 people are flocking there in the hope of finding the perfect match. the bbc reports that it is a tradition flourishing in the age of the internet. >> this is on the west coast of ireland. it is the perfect backdrop for romance. that is unless you are a single irish farmer. >> you get up in the morning and
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do your work. you have to come in and make your dinner and breakfast. it can be very lonely. i am looking for a woman who is coming here to settle down. i hope that i will like her and she would like me as well. i hope to fall in love. we would take it from there. >> it is in this nearby town that he and thousands of others are hoping to put their bachelor days behind them. this matchmaking festival is legendary. it is the country's only official matchmaker -- the country's only official matchmaker is a man that everyone wants to see. >> a man is looking for someone to share his life with. he is looking for someone to share his goals and help him and his life and share his life with him. >> it was initially designed for hard-working farmers 150 years
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ago. the festival has grown to become the world's biggest events for hopeful singles and. >> we have been meeting here for many years but never got the courage. i did this year. i am glad that i did. >> there are people of various ages and sizes and looks. everyone is just enjoying themselves so much. i think this is the most fascinating thing i have seen in a while. >> they fell in love here 42 years ago. they have been coming back ever since. >> i asked her to dance and she refused me. later on in the night, she started to dance and i tried my chances again. we are still in love. >> it is the middle of the night here and a party does not look like it is stopping any time soon.
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for some, tonight to be the start of a brand new romance. ♪ >> we will let you know how that one does. here is a reminder of the main news. president obama has called for the most ambitious overhaul of the financial system since the great depression. in a speech marking one year since the collapse of lehman brothers and the start of the global crisis, he said that the old ways could not stand. he does face opposition on wall street and in congress. thank you for being with us on "bbc world news." >> "bbc world news" is presented by kcet, los angeles. funding for this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu. the newman's own foundation. the john d. and catherine t. macarthur foundation. and union bank. and "bright star," and new film
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by jane campion. >> union bank has put its financial strength to work for a wide range of companies, from small businesses to major corporations. what can we do for you? in mind >> he was a dreamer. she was a realist. with every word that he wrote, inspired the romance that would live for ever. >> you know that i would do anything. >> "bright star" from jane campion is coming soon. campion is coming soon.
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